Telecom
Cybercriminals Wiped Out Logs in 82% of Attacks – Sophos
Sophos, a global leader in innovating and delivering cybersecurity as a service, has released its Active Adversary Report for Security Practitioners, which found that telemetry logs were missing in nearly 42% of the attack cases studied. In 82% of these cases, cybercriminals disabled or wiped out the telemetry to hide their tracks. The report covers Incident Response (IR) cases that Sophos analyzed from January 2022 through the first half of 2023.
Gaps in telemetry decrease much-needed visibility into organizations’ networks and systems, especially since attacker dwell time (the time from initial access to detection) continues to decline, shortening the time defenders have to effectively respond to an incident.
“Time is critical when responding to an active threat; the time between spotting the initial access event and full threat mitigation should be as short as possible.
“The farther along in the attack chain an attacker makes it, the bigger the headache for responders. Missing telemetry only adds time to remediations that most organizations can’t afford.
“This is why complete and accurate logging is essential, but we’re seeing that, all too frequently, organizations don’t have the data they need,” said John Shier, field CTO, Sophos.
In the report, Sophos classifies ransomware attacks with a dwell time of less than or equal to five days as “fast attacks,” which accounted for 38% of the cases studied. “Slow” ransomware attacks are those with a dwell time greater than five days, which accounted for 62% of the cases.
When examining these “fast” and “slow” ransomware attacks at a granular level, there was not much variation in the tools, techniques, and living-off-the-land binaries (LOLBins) that attackers deployed, suggesting defenders don’t need to reinvent their defensive strategies as dwell time shrinks.
However, defenders do need to be aware that fast attacks and the lack of telemetry can hinder fast response times, leading to more destruction.
“Cybercriminals only innovate when they must, and only to the extent that it gets them to their target. Attackers aren’t going to change what’s working, even if they’re moving faster from access to detection.
“This is good news for organizations because they don’t have to radically change their defensive strategy as attackers speed up their timelines.
“The same defenses that detect fast attacks will apply to all attacks, regardless of speed. This includes complete telemetry, robust protections across everything, and ubiquitous monitoring,” said Shier.
“The key is increasing friction whenever possible—if you make the attackers’ job harder, then you can add valuable time to respond, stretching out each stage of an attack.
“For example, in the case of a ransomware attack, if you have more friction, then you can delay the time until exfiltration; exfiltration often occurs just before detection and is often the costliest part of the attack.
“We saw this happen in two incidents of Cuba ransomware. One company (Company A) had continuous monitoring in place with MDR, so we were able to spot the malicious activity and halt the attack within hours to prevent any data from being stolen. Another company (Company B) didn’t have this friction; they didn’t spot the attack until a few weeks after initial access and after Cuba had already successfully exfiltrated 75 gigabytes of sensitive data.
“They then called in our IR team, and a month later, they were still trying to get back to business as usual.”
The Sophos Active Adversary Report for Security Practitioners is based on 232 Sophos Incident response (IR) cases across 25 sectors from Jan. 1, 2022, to June 30, 2023. Targeted organizations were located in 34 different countries across six continents. Eighty-three percent of cases came from organizations with fewer than 1,000 employees.
The Sophos Active Adversary Report for Security Practitioners provides actionable intelligence on how security practitioners should best shape their defensive strategy.
To learn more about attacker behaviors, tools and techniques, read the Active Adversary Report for Security Practitioners on Sophos.com.
Aleph Group, Inc, an ecosystem of global digital experts and technology-driven solutions that enables the growth of digital marketing, has announced the launch of Aleph Express, its proprietary solution for micro, small and medium-sized enterprises (MSME) in Nigeria.
In one simple and intuitive app, Aleph Express provides a platform for MSMEs to create and maintain a free e-commerce website, create a product catalog, set local delivery options, manage, record and process orders while gaining meaningful insights to drive growth.
Most innovatively, Aleph Express provides one unified inbox that integrates Whatsapp, Messenger, and Instagram, to enable businesses to efficiently engage and sell – all in one place.
In addition, Aleph Express provides local payment solutions and support, creating a holistic offer for Nigeria’s thriving MSME sector.
According to the National Bureau of Statistics, Nigeria is home to more than 41 million MSMEs and contributed 49% of the country’s GDP in the last five years. 42% of MSMEs in the country – equivalent to more than 17 million businesses – operate within the wholesale and retail trade industry.
However, 97% of Nigeria’s retail industry is made up of traditional – largely offline – channels. Aleph Express’ solution, which takes all the heavy lifting out of starting and managing an online shop, will offer an opportunity for retailers to evolve traditional retail channels and capture online growth.
The launch of Aleph Express forms a key part of Aleph’s strategy to provide localised and actionable technology for advertisers and MSMEs alike. From its teams on the ground, Aleph offers unrivalled, local support to enable its partners to overcome in-market challenges and create valuable opportunities. Aleph, through its legacy brand Ad Dynamo, has been supporting Nigerian advertisers since 2009.
Matthieu Laporte, Vice President of SMB at Aleph, commented: “Micro, small and medium-sized enterprises are the backbone of the Nigerian economy. With Aleph Express, we enable them to create digital storefronts to attract more customers not only in their neighbourhood but across the country and the region.
“Our dedicated local teams support businesses and entrepreneurs new to this form of commerce and aim to onboard 10,000 monthly active merchants by the end of 2023.”
Approximately 90% of MSMEs in Nigeria use social platforms in one way or another to connect to customers, Aleph Express is a one-stop shop to accelerate businesses’ outreach to clients and potential new clients across the country.
Stephen Newton, Managing Director – Sub Saharan Africa at Aleph, added: “The launch of Aleph Express is a premiere – we are proud that Nigeria has been selected by Aleph as the first market to launch.
“This also marks a milestone in our offering, as Aleph Express is specially tailored for small and medium businesses, enabling these entrepreneurs to leverage the power of social platforms for their growth. With our local team standing by and supporting SMBs, I am confident that we are spearheading a revolution in this field.”
Dr. Aminu Maida, Executive Vice Chairman and Chief Executive Officer (EVC/CEO) of the Nigerian Communications Commission (NCC), has said the support of the Commission awaits law-abiding investors like Meta, (formerly Facebook), which responds positively to Nigeria’s desire for investments that promote the agenda of government to achieve a robust digital economy.
Maida, who spoke when he received a delegation of Meta, led by the company’s Vice President for Africa, the Middle-East and Turkey, Kojo Boakye, when they visited NCC’s headquarters in Abuja, said the regulatory support to all investors, including operators in Nigeria, will be predicated on their playing by the rules and regulations guiding the sector.
He said the Commission places a lot of premium on compliance to industry laws, regulations and guidelines as such will also engender a level-playing field for all licensees and other stakeholders in the industry for sustaining a healthy competition and guaranteeing a sustainable growth in the Nigerian telecoms sector.
Boakye informed NCC boss that the purpose of the visit was to congratulate the EVC on his appointment by the President and to intimate him of ongoing efforts to land 2Africa Cable in Nigeria.
At 45,000 kilometres long, Boakye said the 2Africa submarine cable will be one of the world’s largest subsea cable projects and will interconnect Europe (eastward via Egypt), Asia (via Saudi Arabia), and Africa.
He said the system will go live in 2023, delivering more than the total combined capacity of all subsea cables currently serving Africa, with a design capacity of up to 180 terabytes per second (Tbps).
Boakye stated that 2Africa will deliver much-needed Internet capacity and reliability across large parts of Africa, supplement the fast-growing capacity demand in theMiddle East and underpin further growth of 4G, 5G and fixed broadband access for billions of people, especially in Nigeria.
He solicited NCC’s support in sailing through all necessary legal and regulatory hurdles in landing the submarine cable to complement existing backbone infrastructure in Nigeria.
He also said Meta, through a consortium, plans to land 2Africa cable simultaneously in Lagos and Akwa-Ibom States “in order to ensure those not yet connected are connected while those already connected are given opportunity for enhanced and affordable access.”
Lakinbofa Goodluck, MTN Nigeria’s PR Manager, was one of 11 doctoral graduates at the Pan-Atlantic University’s (PAU) convocation on December 2, 2023.
He was awarded a PhD certificate for his laudable research thesis on Nigeria’s film industry titled ‘Defining the Christian Film in the Nollywood Film Industry’. He sought to understand the meaning-making process between the filmmaker/creative collaborators and the audience through the lens of genre.
Amidst the vibrant event, where attendees adorned varied hoodies and regalia, the university celebrated a total of 206 graduands. These individuals were acknowledged for enduring academic rigour and demonstrating mastery of knowledge and the requisite character to contribute meaningfully to society.
During his address, the Pro-Chancellor of the university and former Minister of Foreign Affairs, Mr. Odein Ajumogobia SAN, commented on the potential interference of artificial intelligence on learning. He emphasized the importance of experiential learning to foster independent analysis and thought.
“It is only in continuing to challenge students to analyse, evaluate and create that we can maintain the core essence of tertiary education and produce graduates who are equipped to navigate the complexities of the future,” he stated.
PhD is the peak of formal education and only intensely disciplined, determined and curious people dare to attain it.
Reflecting on the significance of achieving a PhD, Lakinbofa shared, “This is not just a personal achievement; it’s a tribute to the relentless pursuit of knowledge and the boundless curiosity that drives me. Exploring the intricacies of Nigeria’s film industry in my thesis was a rewarding journey into the world of genre and audience engagement.
“As one of the 11 Doctoral graduates, I stand amidst a cohort of individuals charged to contribute significantly to society. I acknowledge both the burden and the fulfilment.”
Given the rapid progress of the Nigerian film industry and its substantial contribution to the nation’s economy, Lakinbofa’s study promises to provide stakeholders with invaluable insights.
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